• Home
  • Attorney Profile
  • Blog
  • Practice Areas
  • Contact
  • Scheduling
  • Pay Your Invoice
  • Priority Law
  HAROUTUNIAN LAW OFFICE

​

A Sad, But Successful Week in Probate Avoidance

11/13/2018

0 Comments

 
Our office lost three wonderful clients, who sadly passed away, this week.  These great women were devoted to their families and surrounded by loved ones at the end.  While I lament the loss of our clients, I am pleased their children can handle affairs - without involving the probate court.
The goal for our estate planning clients is: simplicity for their loved ones.  Each of these women used a basic trust to deliver their assets outside of the probate court’s lengthy and expensive involvement.  Trusts may be confusing at first, but with a proper consult, the benefits often become clear.  Here is how trusts work:
By defining roles of benefit and management of assets, a client can serve both roles during their life.  When they pass away, the roles remain in place, filled by their spouse or children.  This structure allows assets to be managed and sold immediately after the client’s death.  Without this type of planning, assets, like real estate, will become frozen after death.  Family members must then navigate the probate courts, paying large fees for the court, attorneys, newspapers, accountants, etc. 
The families of our three lost clients serve as shining examples of probate avoidance.  By the way, their basic trust planning was inexpensive, as well.   ​
0 Comments



Leave a Reply.

    Picture
    View my profile on LinkedIn

    Archives

    October 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    November 2017
    October 2017
    August 2017
    July 2017
    June 2017
    May 2017
    October 2015

    Categories

    All

    RSS Feed

    Picture
Phone
(978) 671-0711

Fax
(978) 671-0712

​Address
790 Boston Road, Billerica, MA 01821

​​​Disclaimer  /  Attorney Advertising

​© 2019 Haroutunian Law Office. All Rights Reserved.
​
Site Managed By Smokeball
  • Home
  • Attorney Profile
  • Blog
  • Practice Areas
  • Contact
  • Scheduling
  • Pay Your Invoice
  • Priority Law